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Shiba Inu Team Says SHIB May Reach $0.00008845 Before Bitcoin Halving

source-logo  thecryptobasic.com  + 1 more 20 March 2024 10:51, UTC
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An official of the Shiba Inu ecosystem team has expressed that $SHIB could engineer a miraculous comeback in the next few days to crack its all-time high before the Bitcoin halving.

This view came from Lucie, Shiba Inu’s marketing specialist. Lucie conveyed her optimism about Shiba Inu’s performance in a recent post on X. She disclosed that she had bought Shiba Inu’s dip amid the asset tanking by over 23% to $0.000023 within the last seven days

“Bought the DIP, my lovely $SHIB,” Lucie remarked.

Bought the DIP 🥰😍
My lovely $SHIB

If someone can pull miracle recovery it’s $SHIB

I’m expecting $ATH soon before or shortly after BTC halving
nfa pic.twitter.com/lOXoHgHWUl

— 𝐋𝐔𝐂𝐈𝐄 | $SHIB.IO 🧜🏼‍♀️ (@LucieSHIB) March 20, 2024

The screenshot accompanying the post suggested the Shiba inu marketer reaccumulated $SHIB tokens at around $0.000024 with $989.08. Lucie expressed great satisfaction buying Shiba Inu’s dip, noting she expects a “miracle recovery” soon.

Moreover, Lucie stated she expects Shiba Inu to crack its 2021 all-time high in the coming weeks. Her expectation is before or immediately after the Bitcoin network undergoes the much-expected halving.

Shiba Inu Cracking $ATH Before Bitcoin Halving

According to CoinMarketCap data, Shiba Inu’s value peaked on October 28, 2021, at $0.00008845. However, at its current price of $0.00002549, $SHIB is 71.47% down from its $ATH.

Notably, the crypto community expects Bitcoin to halve by April 20, precisely a month from now. Accordingly, Shiba Inu must rally by 247% within the next 30 days to attain the $ATH of $0.00008845, as the Shiba Inu team member anticipates.

Interestingly, within the available timeframe, the required growth percentage is not far from what is obtainable for Shiba Inu. For instance, $SHIB soared by over 350% from around $0.0000094 to a new year-to-date peak of $0.00004534 within eight days.

The performance attracted widespread admiration, as $SHIB outperformed eight leading digital assets to re-enter the top ten. Despite the recent market-wide downturn, Shiba Inu retains most of its gains from the explosive rallies.

As a result, the Shiba Inu representative expressed confidence in $SHIB’s ability to establish another stunning price gain within the next few days.

“If someone can pull miracle recovery, it’s $SHIB,” Lucie remarked.

As The Crypto Basic has reported, Lucie has similarly conveyed conviction that Shiba Inu would someday attain a price of $0.01.

As reported today, Shiba Inu’s official X account boldly predicted taking over the Dogecoin market cap with Secret Wags. Shiba Inu currently boasts a market cap of $14 billion. Meanwhile, Dogecoin’s market valuation is currently sitting at $19 billion. Shib market cap is currently 1.25x less than Doge. Shiba Inu should reach a price of $0.0000325 to take over the current Doge marketcap.

thecryptobasic.com

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